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Nestled in the heart of Sarasota, this charming 1950’s ranch is an opportunity to own a tastefully remodeled home within the city limits of Indian Beach. This home has an unusually pleasing flow with a split bedroom plan and expansive common space including the kitchen and dining area. To the front of the house, there are two adjacent bedrooms: the first guest bedroom and guest bath and the primary bedroom with en suite bath. The primary bedroom connects to the laundry room which has a passthrough door to the rear hallway of the home, taking you to the 2nd guest bedroom. There is a new single vehicle oversized carport built to current hurricane standards along with an incorporated bank of storage closets and an electrical car outlet. The sun-dappled private fenced yard conveys a feeling of great peace. The front yard has a Zen garden. The back yard is bordered by lush plantings offering privacy and space to enjoy a barbeque, bonfire or relaxation. In the front, the carport and oversized driveway provide plenty of room for parking of cars, RVs, toys, boats, etc. Bonus to the new owner is the Tesla Solar System including two new power walls, 24 panels (16 are only one year sold). Peace of mind with one year old roof, relined pipes including some new PVC pipes, partial concrete construction, masonry walls and in flood zone X and X500 and hurricane panels. There are no deed restrictions or HOA fees. Easy commute to downtown, beaches, colleges, Ringling, airport, restaurants, shopping at our upscale UTC mall, and much more. Indian Beach is known for its historic character, mature tree-lined streets, and proximity to the vibrant cultural scene of downtown Sarasota. Being within the city limits allows for the flexibility of weekly rentals making it a viable investment opportunity. City-owned Water Tower Park is a short walk away offering a great place to absorb nature, ride bikes, play frisbee golf, picnic, etc. Just a bike ride away you will find the Rosemary District, a hip neighborhood with cafes and modern bistros. Easy bike ride to explore art galleries, fine dining, botanical gardens, and all the culture Sarasota has to offer. Short distance to the new Bay Park with 53 acres for your walking, playing and picnicking pleasure.
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$455,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $364,000 | $364,000 | $364,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $126 | $126 | $126 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,212 | $2,298 | $3,023 |
| Total Monthly Payment | $2,413 | $2,499 | $3,224 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.